as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am
A bill for an act
relating to retirement; authorizing certain voluntary deductions from persons
entitled to receive an annuity from certain public pension funds; proposing
coding for new law in Minnesota Statutes, chapter 356.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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(a) Upon written authorization of a person entitled to receive a retirement annuity
from a public pension fund administered by the Minnesota State Retirement System, the
Public Employees Retirement Association, or the Minneapolis Employees Retirement
Fund, the executive director of the public pension fund shall deduct from the retirement
annuity an amount requested by the annuitant to be paid as dues to any organization
or voluntary association of public employees or retired public employees of which
the annuitant is a member and shall pay the amount to the organization or voluntary
association so designated by the annuitant.
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(b) A pension fund and the plan fiduciaries which authorize or administer deductions
of dues payments under paragraph (a) is not liable for failure to properly deduct or
transmit the dues amounts.
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